Iran Reopens Strait of Hormuz Then Threatens to Close It Again as Trump Declares Victory
Iran's foreign minister declared the Strait of Hormuz "completely open" for commercial shipping on Friday morning, sending oil prices plunging 9% and Wall Street to a record, before Iran's parliament speaker reversed course hours later, saying vessel passage would now require "Iranian authorization" amid frustration with Trump's public comments. President Trump celebrated the reopening as a victory at a Phoenix rally while insisting the U.S. naval blockade of Iranian ports continues, telling reporters uranium recovery will proceed at a "leisurely pace." The whiplash underscores how fragile any diplomatic off-ramp remains after seven weeks of war, with Iran retaining what DIA chief testified are thousands of missiles and attack drones.
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